Can I retire at age 50 with 1,880,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$155,249$153,866$152,517$151,200$149,914$145,348
2 years$76,856$75,424$74,037$72,692$71,388$66,827
3 years$50,728$49,291$47,907$46,575$45,291$40,878
4 years$37,667$36,234$34,864$33,554$32,302$28,071
5 years$29,832$28,408$27,056$25,773$24,556$20,518
6 years$24,611$23,197$21,865$20,611$19,430$15,589
7 years$20,883$19,481$18,170$16,945$15,802$12,158
8 years$18,088$16,699$15,410$14,215$13,109$9,659
9 years$15,915$14,539$13,272$12,108$11,040$7,781
10 years$14,178$12,816$11,571$10,437$9,406$6,333
11 years$12,758$11,409$10,187$9,084$8,090$5,197
12 years$11,575$10,240$9,041$7,967$7,010$4,293
13 years$10,575$9,254$8,077$7,034$6,113$3,564
14 years$9,719$8,412$7,257$6,244$5,359$2,971
15 years$8,977$7,684$6,553$5,569$4,718$2,485
16 years$8,329$7,050$5,941$4,986$4,170$2,085
17 years$7,758$6,493$5,406$4,480$3,697$1,753
18 years$7,250$6,000$4,935$4,037$3,288$1,477
19 years$6,797$5,560$4,518$3,648$2,930$1,246
20 years$6,390$5,167$4,146$3,304$2,617$1,053
21 years$6,021$4,813$3,814$2,999$2,342$890
22 years$5,687$4,493$3,515$2,726$2,100$754
23 years$5,382$4,202$3,245$2,483$1,885$639
24 years$5,103$3,937$3,001$2,265$1,694$542
25 years$4,847$3,695$2,780$2,068$1,524$459
26 years$4,611$3,472$2,578$1,891$1,373$390
27 years$4,392$3,268$2,394$1,731$1,238$331
28 years$4,190$3,079$2,226$1,586$1,117$281
29 years$4,002$2,905$2,071$1,454$1,009$239
30 years$3,827$2,743$1,929$1,335$911$203
31 years$3,663$2,593$1,799$1,226$824$173
32 years$3,510$2,454$1,678$1,127$745$147
33 years$3,367$2,324$1,567$1,036$675$125
34 years$3,232$2,203$1,464$953$611$106
35 years$3,105$2,089$1,369$877$553$90
36 years$2,986$1,983$1,280$808$501$77
37 years$2,873$1,883$1,198$745$454$65
38 years$2,767$1,790$1,122$686$412$56
39 years$2,666$1,702$1,051$633$373$47
40 years$2,570$1,619$985$584$339$40
41 years$2,480$1,541$924$538$307$34
42 years$2,394$1,468$867$497$279$29
43 years$2,312$1,399$813$459$253$25
44 years$2,234$1,333$764$424$230$21
45 years$2,159$1,271$717$391$209$18
46 years$2,089$1,213$673$361$189$15
47 years$2,021$1,157$633$334$172$13
48 years$1,956$1,105$594$308$156$11
49 years$1,895$1,055$559$285$142$9
50 years$1,836$1,008$525$264$129$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,880,000, adding $3,541 every year, while hoping to spend $21,520 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 47/37/16 Blend
49$1,880,000$1,880,000$1,880,000$1,880,000
50$2,075,413$1,975,773$1,946,633$2,163,430
51$2,264,208$2,049,688$1,988,948$2,298,797
52$2,471,538$2,126,505$2,031,959$2,443,161
53$2,699,273$2,206,341$2,075,667$2,599,381
54$2,949,469$2,289,322$2,120,072$2,768,573
55$3,224,393$2,375,577$2,165,173$2,951,960
56$3,526,544$2,465,243$2,210,969$3,150,888
57$3,858,671$2,558,460$2,257,456$3,366,838
58$4,223,807$2,655,375$2,304,632$3,601,435
59$4,625,290$2,756,144$2,352,492$3,856,469
60$5,066,800$2,860,925$2,401,031$4,133,906
61$5,552,391$2,969,888$2,450,243$4,435,910
62$6,086,528$3,083,206$2,500,120$4,764,861
63$6,674,133$3,201,062$2,550,653$5,123,378
64$7,320,627$3,323,647$2,601,832$5,514,339
65$8,031,984$3,451,158$2,653,647$5,940,916
66$8,814,787$3,583,805$2,706,084$6,406,595
67$9,676,286$3,721,803$2,759,129$6,915,215
68$10,624,474$3,865,378$2,812,766$7,470,999
69$11,668,155$4,014,766$2,866,979$8,078,597
70$12,817,031$4,170,213$2,921,747$8,743,126
71$14,081,792$4,331,978$2,977,049$9,470,220
72$15,474,217$4,500,328$3,032,863$10,266,080
73$17,007,287$4,675,543$3,089,163$11,137,533
74$18,695,303$4,857,917$3,145,923$12,092,096
75$20,554,024$5,047,756$3,203,112$13,138,046
76$22,600,817$5,245,378$3,260,698$14,284,496
77$24,854,816$5,451,117$3,318,648$15,541,481
78$27,337,108$5,665,323$3,376,923$16,920,050
79$30,070,928$5,888,358$3,435,484$18,432,374
80$33,081,878$6,120,603$3,494,289$20,091,854
81$36,398,172$6,362,455$3,553,290$21,913,248
82$40,050,899$6,614,329$3,612,439$23,912,813
83$44,074,319$6,876,659$3,671,683$26,108,452
84$48,506,181$7,149,897$3,730,966$28,519,885
85$53,388,085$7,434,516$3,790,228$31,168,830
86$58,765,874$7,731,011$3,849,404$34,079,214
87$64,690,062$8,039,899$3,908,428$37,277,390
88$71,216,314$8,361,720$3,967,226$40,792,385
89$78,405,971$8,697,038$4,025,721$44,656,178
90$86,326,630$9,046,442$4,083,832$48,903,995
91$95,052,778$9,410,550$4,141,473$53,574,641
92$104,666,499$9,790,005$4,198,550$58,710,867
93$115,258,248$10,185,481$4,254,967$64,359,766
94$126,927,702$10,597,682$4,310,621$70,573,223
95$139,784,703$11,027,344$4,365,403$77,408,397
96$153,950,295$11,475,236$4,419,196$84,928,261
97$169,557,865$11,942,163$4,471,879$93,202,194
98$186,754,403$12,428,965$4,523,323$102,306,633
99$205,701,890$12,936,522$4,573,393$112,325,793
100$226,578,825$13,465,754$4,621,943$123,352,460